It was still a good learning process and I'm definitely going to use the CL idea again in the future.

That is in the works right now.Since the investor is extremely busy and used to doing everything himself, I am working on gaining as much knowledge as I can on my own to invest myself as well as to create value for future JV's and partnerships.I found BiggerPockets from a friend at work who is in the process of flipping his first property.

I'm looking at doing the same although in Georgia but I suspect the process is the same.

We are looking for someone who would like to manage the process and in return get a cut of the profit.  

The scope of work and estimates will have to be provided as part of the loan process, and inspections will have to be done before the money is released.If you're going to be occupying the home you can look into either an FHA 203(k) loan or Fannie Mae Homestyle loan.  

The only certainty is that the home is in the process of being foreclosed, not that it is a distressed property that has value-add opportunity.How would a wholesaler do a deal with a Pre-Foreclosure that is in great shape?

I spoke with a mortgage lender from Chase and was told that I need to show 3 years of steady income on my own which may make the lending process a tricky one.

What is the process?

And many times, you can get non-compliant tenants to move out before the eviction process plays out by talking with them.I am not aware of a way to account for tons of pets unless you convert the property to a pet boarding business.  

I'm in the process of looking at a duplex plus a separate garage apt here in the Conroe area.